TORONTO (AP) — The Great One is optimistic about the NHL's labor situation.

Wayne Gretzky says he thinks the league's lockout will end before the showcase Winter Classic between the Detroit Red Wings and Toronto Maple Leafs.

During a question-and-answer period at a panel discussion on personal finance Monday, Gretzky said, "I believe in my heart, maybe because I'm such a big hockey fan, that they will be playing by Jan. 1."

Detroit and Toronto are scheduled to play outdoors at Michigan Stadium to kick off the new year.

Gretzky says he believes "the hard part of their deal was the last negotiations (in 2004) of players agreeing to a salary cap."

New Jersey senators weigh in on lockout

NEWARK, N.J. (AP) — New Jersey's senators are urging both sides in the NHL lockout to consider the economic impact on their state if the dispute is not resolved.

U.S. Sens. Robert Menendez and Frank Lautenberg sent a letter Monday to NHL Commissioner Gary Bettman and NHL Players' Association executive director Gary Bettman urging them to reach a settlement.

The Democrats write that Congress has jurisdiction over interstate commerce, which includes professional sports, and will be keeping a "close eye" on negotiations.The letter warns that the absence of New Jersey Devils' games in Newark could mean millions of dollars in lost economic activity and jobs in especially tough economic times.

The Devils advanced to the Stanley Cup Final last season, creating a financial boost to the city just five months ago.

The lockout comes on the heels of the NBA's Nets moving from Newark to Brooklyn, N.Y.

Franson signs with Swedish league team

GAVLE, Sweden (AP) — Toronto Maple Leafs defenseman Cody Franson has signed a one-year contract to play in the Swedish league, regardless of whether the NHL lockout is resolved.

Defending Swedish champion Brynas said Monday that Franson, who was a restricted free agent, is committed to playing in the Elite League for the entire season.

The Swedish league has said its teams cannot sign NHL players to short-term contracts that last only for the duration of the lockout, although the country's second division has not imposed those restrictions.

Franson says on the club's website that "it feels very inspiring coming to Brynas, and staying the entire season."